Supply and Demand: Increased demand usually pushes the price up, while increased supply can push it down. This is a fundamental principle affecting all tradable assets.

Overall Market Sentiment: Positive market sentiment, particularly in the relevant sector (like energy or industrials if XAD3.XETRA relates to a company in such a sector), can lead to higher prices. Conversely, negative sentiment can drive prices down.

Company Performance: If XAD3.XETRA represents a company's stock, its financial health (revenue, profit, debt) directly influences the price. Strong earnings reports usually cause an increase.

Economic Indicators: Macroeconomic data like GDP growth, inflation, and interest rates can impact investor confidence and affect the overall market, indirectly impacting XAD3.XETRA.

News and Events: Company-specific news (product launches, mergers, management changes) and broader market events (geopolitical events, regulatory changes) can create volatility and impact price.

Investor Sentiment: Investor confidence and overall market optimism or pessimism can affect the volume of buyers and sellers for XAD3.XETRA impacting prices.